The District could be looking at a net gain of millions of dollars for city coffers from President-elect Barack Obama’s weeklong inaugural celebration — even as Del. Eleanor Holmes Norton asks America’s taxpayers to pitch in more.
The latest inaugural cost estimate is $25.9 million, according to D.C. sources, citing numbers emerging from the office of City Administrator Dan Tangherlini. The District has $15 million to spend, courtesy of the federal government, for the inaugural and other upcoming events, such as World Bank protests and the Right to Life March.
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